There are endless opportunities within the cryptocurrency markets, and more opportunities will always come.
Let's take a quick look at MDABTC once again.
- After the huge bull run, MDA’ had a 70% retrace and people are asking me if it is time to move up.
- On the chart above you can see an orange line, which is the EMA200 indicator. If this level holds, we can resume another wave up, thinking that the correction is over.
- If the orange line doesn't hold, we can expect further retrace until support is established. Once MDABTC finds support, another up wave can resume.
- For now, we can consolidate sideways and watch price action for a clear breakout signal. We look to break above EMA50 (magenta line) first.
Thanks a lot for reading.
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Relevant info for those buying and trading Moeda (MDA).
Thanks for the work Alan! Good to note is that there are 2 new Seed projects coming out this month and will be presented by the the team :) Last but not least is that they are on the work to create the Moeda debit card. " Average knowledge about breath equals sight of the top of an iceberg "
This is also based on the actual interest for this coin from very big investors. They are and were accumulating . The plans this team has for the future is very much bigger then one could imagine. Once they hit 10 banks in corp with and 30+ seed projects MDA will be the most valuable crypto in the whole south america !
"Metamorphism 2.0 is upon us all, but only few have prepared for the AI"
Me too are suggesting that next target most likely will be a new atm
" Be calm, Realm"